CREMER and Temasek’s Asia Sustainable Foods Platform to form Cremer Sustainable Foods

The core focus of Cremer Sustainable Foods will be to augment contract manufacturing capabilities for plant-based protein products in Asia.

By bringing significant high moisture extrusion (HME) capabilities to Asia, Cremer Sustainable Foods aims to become the nexus of production support for the fast-growing plant-based community there. The Joint Venture’s first 11,000 square feet plant-based manufacturing facility will be located in Singapore, and is targeted to be ready by the first quarter of 2022, with an initial HME capacity of over 1,000 tonnes per year.

For CREMER, this Joint Venture is an important milestone. Damian Krueger, General Manager of CREMER Nutrition, highlighted CREMER’s pursuit of supporting customers in sustainable plant-based foods, “We are constantly improving and developing value-added services and products for our customers in tomorrow’s world. Recognising the growing importance of sustainability, health and plant-based foods in supporting the global food ecosystem, CREMER wants to play a major role in driving these trends by contributing production knowledge we have gained over decades.”

By partnering Temasek’s Asia Sustainable Foods Platform, CREMER will be working alongside a like-minded partner that is focused on accelerating the commercialisation of sustainable foods in Asia and will be able to tap on Temasek’s extensive network, as an active investor in Agri-Foods such as alternative proteins.

“With our support to remove friction-to-adoption, companies can speed up their product development and pilot launch, as well as accelerate their commercial scale-up and go-to-market. In the end, it is our goal to delight consumers across Asia with tasty, fresh, traceable and sustainable food,” said Mathys Boeren, the CEO of 
Temasek’s Asia Sustainable Foods Platform.

With CREMER’s existing plant-based contract manufacturing facilities in North America and China, and now Cremer Sustainable Foods in Singapore, the CREMER Nutrition team is both excited and optimistic about upcoming plans as CREMER strives towards scaling the business globally.

About CREMER:

CREMER was founded in 1946 by Peter Cremer. Today, in its third generation of family ownership, the company has grown to become an established German multinational with a long-standing history of success in trade, logistics and industry. With over 2,000 employees in over 60 companies and holdings, CREMER is active on all continents.

In recent years, recognising the growing market for healthy and sustainable food products, CREMER embarked on a growth strategy in the plant-based protein segment. The company has now committed investments into plant-based contract manufacturing capabilities in North America, Europe and Asia, and is well-equipped to help clients in the plant-based space with their various contract manufacturing needs. 

About Asia Sustainable Foods Platform:

The Asia Sustainable Foods Platform, a wholly-owned company of Temasek, aims to delight consumers across Asia with tasty, fresh, traceable and sustainable food by accelerating the commercialisation of sustainable foods in the region. It provides solutions and support to aspiring food-tech companies at every stage of their growth cycle, alleviating friction-to-adoption as they advance from product development and pilot launch to commercial scale-up and go-to-market.

For more information on the Asia Sustainable Foods Platform, please submit your queries at https://forms.office.com/r/de8x3Fz6Bz
 

About Temasek:

Temasek is a global investment company with a net portfolio value of S$381 billion (€241b) as at 31 March 2021. Headquartered in Singapore, it has 13 offices in 
9 countries around the world. The Temasek Charter defines Temasek’s three roles as an Investor, Institution and Steward, which shape its ethos to do well, do right, and do good. As a provider of catalytic capital, it seeks to enable solutions to key global challenges. With sustainability at the core of all Temasek does, it actively seeks sustainable solutions to address present and future challenges, as it captures investible opportunities to bring about a sustainable future for all.

For more information on Temasek, please visit http://www.temasek.com.sg
 

Contact: 

Peter Cremer Singapore GmbH 
19 Keppel Road | Jit Poh Building 11th floor 
089058 Singapore
Damian Krueger, General Manager, CREMER Nutrition
Phone: +65 9126 3888
Email: damian (at) cremer.com.sg
www.cremer.de